Birdwatch Note Rating
2022-06-16 03:50:38 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 64203C9CB0F70050677187E73DF5DB979099CB2090CE59141FAE98E58FBB1414
Participant Details
Original Note:
The 8% tax rate claim made here does not represent the true actual rate based on current tax laws. It's comparing what was paid in income taxes with what might be paid with a theoretical wealth tax on unsold stock (unrealized gains). It is intentionally misleading. https://www.whitehouse.gov/cea/written-materials/2021/09/23/what-is-the-average-federal-individual-income-tax-rate-on-the-wealthiest-americans/
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